Do Kwon, the creator of the stablecoin TerraUSD (UST) and its sister token Luna, is facing legal prosecution in South Korea over the collapse of the two coins that wiped out billions of dollars from i
One of the pledges Yoon Suk-yeol made to his voters was to implement a set of crypto-friendly policies in South Korea. Yoon, who won the presidency in March and came into office this month, said he wo
There are a number of ways to make money in the metaverse by participating in play-to-earn games, buying virtual real estate or creating 3D assets on metaverse platforms like Roblox, AltspaceVR and VR
South Korean startup Seadronix wants to reduce the issue of marine accidents, 75% of which are caused by human error, according to a 2019 Allianz safety and shipping report. The company just secured a
During the worst days of the pandemic, when people were stuck at home and starving for some form of entertainment beyond streaming yet another TV series, many turned to DIY home improvement projects.
Paramount Global, formerly ViacomCBS, reported an overall total of 62.4 million global subscribers across its suite of streaming services, with Paramount+ alone adding 6.8 million total subscribers in
Augmented reality (AR) can help customers shopping online preview products before making a purchase, and is a growing area of investment for e-commerce businesses. According to a recent survey of 16,0
The deal comes at a time when companies that took the SPAC route are facing increasing regulatory scrutiny in the U.S.
Glorang, a Seoul-based edtech startup that offers after-school classes and extracurricular activities via online for students between the ages of 3 and 18, said Friday it has raised a $10 million Seri
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As consumers’ interest in the environment and nutrition rises, food-tech companies join the race to invent meat alternatives. In 2021, alternative seafood companies received $175 million in investme
Quietly, Alibaba’s fintech affiliate Ant Group has been building a global cross-border payments network by partnering with or investing in third-party e-wallets, banks, remittance services and o
Samsung Electronics released Thursday its preliminary earnings for the first quarter of 2022. The company said it forecasts to report consolidated revenue of $63.1 billion (77 trillion KRW) and an
As the boom of the e-commerce aggregator trend continues in Asia, South Korea, the fifth-largest e-commerce market in the world, is rolling up. Wholesum, a Seoul-based e-commerce aggregator, is jumpin
Apple today announced it will begin to allow a subset of applications sold on its App Store to link to an external website where users can create or manage their accounts with the app developer. The c
Amid increasing global regulations over app stores and their commission structures, Google today announced the launch of a pilot program designed to explore what it calls “user billing choice.&#
Dongnae, a South Korea-based startup that helps tenants find premium apartment rentals, has closed $16.4 million (20 billion KRW) in equity and $4.1 million (5 billion KRW) in debt. The Series A fundi
Google has signalled it’s dialling up efforts around portability, announcing a plan yesterday to spend $3 million and “hundreds of hours” of its engineers’ time over the next f
Una Brands, a Singapore-based e-commerce aggregator, has partnered with South Korean peer KlickBrands to expand its footprint in South Korea. The strategic partnership will help South Korean e-com